By Craig Erwin, Ph.D.
The Times They Are a-Changin’. Interest rates are rising, the Omicron virus is raging, inflation is jumping, retail sales are sagging, and manufacturing has slowed. Earnings season is here and some banks are reporting dismal profits after enjoying robust growth during the pandemic. After big gains during the past couple of years, the stock market is struggling, evidence that investors are less complacent or optimistic than last year. There may be less to be optimistic about in 2022; it looks like we are in for some turbulence this year. Buckle your seat belts.
Has your 2022 started out well? Are you concerned about the economy? Are you worried that the Federal Reserve will damage the economy by raising interest rates too far or too fast?
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